Start Using Gold as a Means for Everday Digital Payments

Gold has been around for ages and is probably the most universal means of long term and reliable investment, but there is a new company that wants to change the way people think about Gold and use it. Sure you can buy Gold with Bitcoin or cash and have it delivered to you and you can then sell the Gold you own physically, but that is not so easy and convenient. This is exactly what BitGold is trying to change by offering an easy way to acquire Gold and to spend it for everyday payments or store it as an investment and you can also request to have it sent to you in a physical form. The company is providing users with a secure vault account to purchase and hold Gold, the ability to make and receive instant Gold payments, and a debit card for spending Gold at traditional points of sale. All of the Gold you own is also fully redeemable as 1kg Bullion Bars or 10g GoldCubes at any time, so you always have the traditional old way of long term investment.

The idea behind BitGold has a similar concept to that of Bitcoin and other digital currencies. The service however has nothing to do with Bitcoin directly, even though its name even includes Bit, there is no direct relation with Bitcoin, nor you can use BTC to directly purchase Gold at the moment, though some workaround solutions could allow for that such as using a Bitcoin-backed Debit Card. This is just an example of how things like Bitcoin are already starting to affect the way things are and how new ideas that may not have anything to do with Bitcoin directly can turn out to be quite an interesting and attractive alternative choice for your digital payment needs. So if this sounds interesting to you, then you might want to check out the new service, you can quickly and easily register and it is free.

– For more details about the new Gold-centered digital payments service BitGold…